Entrepreneurs
Need to Sleep More!
I have been trying to write an article on the investment market, on how investors might care – or not – about the entrepreneurs they invest in, not so much on their competence, but more on their mental health. Being an entrepreneur is stressful to say the least, and I have seen many of them breakdown when working with them on their internal management. However, speaking to a lot of investors, the general answer I got was “We do not really care” or “We have not thought about it… it is up to them.” I even got one who told me they would simply fire the CEO if s/he broke down due to stress.
Hope is not lost; I did manage to find a few investors who took a great interest into their entrepreneurs. Sam, is one of the few mentors / investors / advisors who actually asks his founders to sleep more instead of work harder!
What are the issues with the current working environment for entrepreneurs?
The current climate has people working 14 or 16 hour-days and 6 or 7 days a week with no breaks. Employees don't leave until their boss leave otherwise they feel they may get fired. Management is run in a dictator way and not in a creative consensus way, this is why China turnover rate is one of the highest. Ideas that might make a difference get shutdown as appose to nurture.